If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Pennsylvania is easy, fast, and affordable.
Pennsylvania LLC Costs | |
---|---|
TotalLegal Fee | $99 |
Pennsylvania Filing Fee | $125 |
Total | $224 |
The name of the limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.,” or “LLC”. The LLC name should not contain the words "corporation" or "incorporated" or the abbreviations "co.", "corp." or "inc."
Your LLC's name must be distinguishable from the names of other business entities already on file with the Pennsylvania Secretary of State.
You will need to provide the name of your LLC, the Registered Agent's physical address (including the County), the name and address of the organizer (the person forming the LLC), and the business purpose.
Please note: if the LLC engages any of the following purposes, a restriced professional LLC must be filed, along with an approval letter from the corresponding state agency:
When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Pennsylvania.
Pennsylvania requires LLCs to file a report every ten years: during the years ending with the numeral “1” (e.g. 2001, 2011, 2021). The filing fee for that report is $70. However, if the LLC is engaged in a professional service, you must file a Certificate of Annual Registration (Form DSCB:15-8221/8998) with the Department of State each year.
All the forms you need to amend your LLC and/or change your Registered Agent can be downloaded online from the Pennsylvania Corporations Division. Most of the changes that need to be made to your LLC do not require a fee.
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Pennsylvania very easy.
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